Days Days 141 140 Accounts Payable Days Days 43 43 Cash Cycle Days 133 130 Leverage & Financial Policy Unit 31 Dec 2018 31 Dec 2017 Debt to Equity Ratio Times 0.74 0.62 Interest Coverage Ratio Times

working capital management during 9M17, trade receivable turnover, inventory turnover as well as trade payable turnover were not meaningfully changed yoy. Leverage ratio has improved as illustrated by

meaningfully changed yoy. Trade receivable and Trade payable period were slightly decreased while inventory period was unchanged. Leverage ratio has improved as illustrated by Interest Coverage ratio (EBITDA

social security bureau. For inventory day, it increased 11 days comparing to the same quarter of last year. For the financial risk perspective, the ratio was at extremely low leverage with debt to equity

were barely changed comparing to the same quarter of last year. For the financial risk perspective, the ratio was at extremely low leverage with debt to equity ratio of 0.2x from 0.3x yoy. Please be

-6663-4 Fax: 02-943-6343 02-943-7740 Meeting. In this regard, the Company has appointed Discover Management Co., Ltd., a financial advisor approved by the SEC Office, as the Company’s independent

cooperation with more service providers, both private and public organizations, to make the Boonterm kiosk as the highest number of services automatic kiosk. In addition, the Company will leverage its

will fully focus on international expansion across the ASEAN market. This will enable MACO to leverage PlanB’s platform, contents, and secure minimum guarantee. Moreover, the integration efforts between

approved to cease such business to connected person of ocean commerce public company limited. 2. Resolved to approve the appointment of Discover Management Co., Ltd., a financial advisor on the list approved

2016 Current Ratio Times 1.91 2.12 Quick Ratio Times 0.50 0.50 Average Collection Period Days 33 37 Inventory Days Days 139 182 Accounts Payable Days Days 43 46 Cash Cycle Days 129 173 Leverage